04:54 AM EST, 11/12/2026 (MT Newswires) -- Telia (TELIA.ST, TELIA1.HE) agreed to buy Telavox's Nordic enterprise customer base for 3.8 billion kronor, according to a Thursday release. The transaction, which also includes a potential earn-out payment of up to 200 million kronor, is expected to boost the telecommunications company's core connectivity unit and its enterprise offering via the addition of 24,000 small and medium-sized businesses into its portfolio. Closing of the deal is expected in the first quarter of 2027, subject to regulatory clearances. Additionally, the company signed a multi-year licensing contract for the use of Telavox's unified-communications-as-a-service platform for its client base.

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